From October through December of 2019, there were two homes sold, with a median sale price of $175,000 - a 33.1% increase over the $131,500 median sale price for the same period of the previous year. There were three homes sold in Canal Point (unincorporated) in the fourth quarter of 2018.
The median sales tax in Canal Point (unincorporated) for the most recent year with available data, 2014, was $929, approximately 0.5% of the median home sale price for the fourth quarter of 2019.
The following table compares Canal Point (unincorporated) to other Palm Beach County cities with similar median sales prices in the fourth quarter of 2019:
| City | Oct. - Dec. 2019 Home Sales | Oct. - Dec. 2018 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2019 Median Sales Price | Oct. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sandalfoot Cove CDP | 111 | 138 | -19.6% | $205,000 | $193,500 | 5.9% |
| Lantana | 66 | 49 | 34.7% | $201,000 | $217,000 | -7.4% |
| Lake Worth Corridor CDP | 46 | 36 | 27.8% | $201,000 | $235,500 | -14.6% |
| Boynton Beach | 498 | 489 | 1.8% | $190,000 | $180,000 | 5.6% |
| Hypoluxo | 49 | 49 | 0% | $185,000 | $200,000 | -7.5% |
| Canal Point (unincorporated) | 2 | 3 | -33.3% | $175,000 | $131,500 | 33.1% |
| Greenacres | 248 | 235 | 5.5% | $171,500 | $149,250 | 14.9% |
| Royal Palm Beach (unincorporated) | 151 | 137 | 10.2% | $155,000 | $139,000 | 11.5% |
| Palm Springs | 91 | 96 | -5.2% | $155,000 | $152,900 | 1.4% |
| Uninc-33415/Haverhill | 1 | 1 | 0% | $146,250 | $270,000 | -45.8% |
| Delray Beach (unincorporated) | 600 | 591 | 1.5% | $140,500 | $120,000 | 17.1% |
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